Housing starts in the Far East have increased amid the development of preferential mortgages
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- Housing starts in the Far East have increased amid the development of preferential mortgages
Since the launch of the Far Eastern and Arctic mortgage program, more than 6 million square meters have been introduced into the primary real estate market. m housing. Since 2020, the pace of housing construction in the Far Eastern Federal District and the Arctic has doubled, Sberbank's "Domclick" reports, citing data from the Ministry of Regional Development.
It is noted that in the first seven months of this year, the commissioning of apartment buildings in the Far East increased by 57% compared to the same period last year.
""Domclick" and Sberbank have simplified the loan processing for participants of the "Far Eastern and Arctic Mortgage" program, giving them the opportunity to confirm the basic documents through Public Services.
"We continue to make mortgage processes more convenient and transparent. Integration with Government Services for Far Eastern and Arctic mortgages is the next step to ensure that the client spends less time on paperwork and more on choosing a home," commented Alexey Leypi, Director of "Domclick" department.
Far Eastern and Arctic mortgages are provided at a rate of 2% per annum. In 2025, the volume of disbursements under the program exceeded 190 billion rubles. Almost half of borrowers choose apartments in new buildings, about 30% choose ready—made housing, and about 20% choose suburban real estate.
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